March 31, 2015

Iron ore price enters free fall

3.6% plunge to just above $50 a tonne on Tuesday brings year to date losses to 28%.

March 31, 2015

Semafo outlines 1.1m oz gold at Burkina buy

Montreal company's shares are up 26% in 3 weeks following acquisition of Natougou gold deposit in Burkina Faso after $147m takeover of Orbis Gold.

March 31, 2015

SEC tells Oxfam revision of Dodd-Frank rule on mining payments ‘not possible’ yet

The SEC said a rule requiring energy and mining companies to disclose payments to governments for the extraction of natural resources won't come until —at least— spring 2016.

March 31, 2015

IMF in favour of Zambia mining tax changes

But the fund warned that only further tightening of fiscal and monetary polices would contain the country's large deficits.

March 31, 2015

South Africa wants to settle mines’ black ownership in court

The main point of contention is the fact that mining companies believe that once they reached a 26% black ownership, they effectively complied, no matter where the percentage is at…

March 31, 2015

S.Africa Marikana mining massacre report submitted

President Jacob Zuma received on Tuesday the official report into the police killing of 34 South African miners in 2012, as rights groups demanded that its findings be quickly made…

March 30, 2015

Fresh iron ore price plunge

Iron ore price falls more than 2% on Monday bringing 2015 losses to 25%. Next stop $45 a tonne says new report.

March 30, 2015

De Beers making it harder for diamond dealers to join supply chain

The move seeks to direct gems to the most financially sound purchasers and make the business more transparent.

March 30, 2015

Peregrine Diamonds acquires Botswana-based explorer

The deal gives Peregrine access to eight prospecting licences in the African country.

March 30, 2015

Randgold considers acquisitions amid gold mining industry crunch

CEO Mark Bristow said the current squeeze on the gold sector has created growth opportunities.